In another outstanding statement, the analysis argues that Scotland’s contingent deficit – the difference between taxes collected and spending – does not matter.
The financial black hole doubled to 22.4% of GDP last year – about twice as much elsewhere in Europe and more than seven times the 3% threshold needed for EU membership.
The Institute for Fiscal Research said it would give an indication of Scotland’s independent finances on the first day, but the analysis said: “This tells us nothing about how Scotland would present itself as an independent country and is in any case an argument for change. not against her. “
Kevin Hague, chairman of the pro-union think tank These Islands, attacked the “childish” conclusion, tweeting: “So a new economy will be born on the first day, old industries will evaporate, public spending will be zeroed, the tax base will fall apart and will it be reformed? “
“Statistical germanding presented as an analysis”
He said comparisons with other small countries were “statistical germanding presented as an analysis” and said “comprehensive logic is wrong”.
“They attribute all the differences in the representation of independence, as if this is the only difference between Scotland and their carefully selected countries for comparison,” he said.
He added: “One can just as easily answer that ‘what these other countries have that Scotland doesn’t have’ is’ governments focused on making life better for their citizens today, instead of investing all their energy in fueling grievances and separation ”.
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